Tidewater Midstream and Infrastructure (TSX:TWM) Net Margin % : -65.96% (As of Dec. 2023)

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What is Tidewater Midstream and Infrastructure Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tidewater Midstream and Infrastructure's Net Income for the three months ended in Dec. 2023 was C$-332 Mil. Tidewater Midstream and Infrastructure's Revenue for the three months ended in Dec. 2023 was C$503 Mil. Therefore, Tidewater Midstream and Infrastructure's net margin for the quarter that ended in Dec. 2023 was -65.96%.

The historical rank and industry rank for Tidewater Midstream and Infrastructure's Net Margin % or its related term are showing as below:

TSX:TWM' s Net Margin % Range Over the Past 10 Years
Min: -17.48 Med: 2.26 Max: 13.76
Current: -17.48

TSX:TWM's Net Margin % is ranked worse than
81.22% of 980 companies
in the Oil & Gas industry
Industry Median: 4.055 vs TSX:TWM: -17.48

Tidewater Midstream and Infrastructure Net Margin % Historical Data

The historical data trend for Tidewater Midstream and Infrastructure's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tidewater Midstream and Infrastructure Net Margin % Chart

Tidewater Midstream and Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-0.97

-3.45

4.21

0.30

-17.47

Tidewater Midstream and Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-4.22	-4.04	-1.26	-3.93	-65.96

Competitive Comparison of Tidewater Midstream and Infrastructure's Net Margin %

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tidewater Midstream and Infrastructure's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater Midstream and Infrastructure's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tidewater Midstream and Infrastructure's Net Margin % falls into.

Tidewater Midstream and Infrastructure Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tidewater Midstream and Infrastructure's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-385.9	/	2208.3
	=	-17.47 %

Tidewater Midstream and Infrastructure's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-331.8	/	503
	=	-65.96 %

Tidewater Midstream and Infrastructure (TSX:TWM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Tidewater Midstream and Infrastructure Net Margin % Related Terms

Thank you for viewing the detailed overview of Tidewater Midstream and Infrastructure's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Midstream and Infrastructure Ltd (TSX:TWM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TWMIF:USA TL5:Germany

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.

Executives

Robert Colcleugh

Director, Senior Officer

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines

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